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United States

Horizon Global Corp (HZN.N)

HZN.N on New York Stock Exchange

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15 Oct 2018
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Summary

Name Age Since Current Position

Denise Ilitch

62 2018 Independent Chairman of the Board

Carl Bizon

2018 Interim President and Chief Executive Officer

David Rice

54 2015 Chief Financial Officer

Jay Goldbaum

36 2017 Chief Compliance Officer, General Counsel, Secretary

Christi Cowdin

2017 Director, Corporate Communications and Investor Relations

Richard DeVore

62 2017 Independent Director

Scott Kunselman

54 2016 Independent Director

David Roberts

70 2018 Independent Director

Richard Siebert

65 2015 Independent Director

Maximiliane Straub

53 2018 Independent Director

Biographies

Name Description

Denise Ilitch

Ms. Denise Ilitch is an Independent Chairman of the Board of Horizon Global Corporation. She is currently president of Ilitch Enterprises, LLC, a business operations management company, a position she has held since 2005. From 2000 to 2004, Ms. Ilitch served as president of Ilitch Holdings, Inc., an entertainment industries, fundraising and real estate development services company. From 1996 to 2004, Ms. Ilitch served as president of Olympia Development, LLC, a real estate development company. Ms. Ilitch currently serves as trustee for the Skillman Foundation and as regent on the University of Michigan Board of Regents, where she is a member of the health affairs committee. Ms. Ilitch has previously served as a board member of numerous community organizations, including the Detroit Branch of the NAACP, the Detroit Branch of the Federal Reserve Bank of Chicago, Detroit Renaissance, and the Karmanos Cancer Institute. She also co-chaired the 2009 Detroit Crisis Turnaround Team and served as a Detroit Red Wings Alternate Governor for the National Hockey League and as a board member of Major League Baseball. Ms. Ilitch has broad experience in business and operational leadership roles and subject matter expertise in corporate governance and compensation.

Carl Bizon

Mr. Carl Bizon is the Interim President and Chief Executive Officer of Horizon Global Corporation. Mr. Bizon joined Horizon Global in January 2018 as President of Horizon Americas. Prior to Horizon Global’s spin-off from its former parent company, TriMas Corporation (“TriMas”), Mr. Bizon led its international businesses from 2008 to 2015, including both Europe-Africa and Asia-Pacific. Before re-joining the Company, Mr. Bizon served as Chief Executive Officer at Jayco Corporation, Australia’s largest manufacturer of camper trailers, caravans and motorhomes. Prior to TriMas, Mr. Bizon developed a strong knowledge and skill set in the areas of sales, manufacturing, customer management, product development, IT and large-scale project management at companies such as GWA International, Stramit Industries and Tubemakers. Mr. Bizon brings extensive experience in the manufacturing sector and expertise in operations.

David Rice

Mr. David Rice is the Chief Financial Officer of Horizon Global Corporation. He has served as our Vice President and as a member of the board of directors since our incorporation in January 2015 and is expected to be named our chief financial officer in connection with the spin-off. Mr. Rice has been division finance officer of TriMas’ subsidiary Cequent Performance Products, Inc. since 2011. Prior to his appointment in 2011, Mr. Rice held various positions within TriMas, including group controller from 2005 to 2009 and vice president, director of corporate audit from 2009 to 2011. Before joining TriMas in 2005, Mr. Rice held divisional controller positions with GKN Sinter Metals, a leading supplier of powdered metal precision components, from 2004 to 2005, and Mueller Industries, Inc., a manufacturer and distributor of copper, brass, aluminum and plastic fittings, valves and related tubular flow control and industrial products, from 1998 to 2004. Mr. Rice held positions of increasing financial leadership at The Woodbridge Group from 1994 to 1998, a company offering urethane and bead foam technologies to the automotive and commercial vehicle industries and other business sectors. Mr. Rice began his career in public accounting with Coopers and Lybrand and brings over 30 years of accounting and financial leadership, mergers and acquisitions and management of international operations. Mr. Rice will resign as a director prior to the completion of the spin-off.

Jay Goldbaum

Mr. Jay Goldbaum is the Chief Compliance Officer, General Counsel, Secretary of Horizon Global Corporation, effective November 13, 2017. Mr. Goldbaum is the Legal Director and Corporate Secretary of the company. He has served as our Vice President and Secretary and as a member of our board of directors since our incorporation in January 2015 and is expected to be named legal director and corporate secretary in connection with the spin-off. Mr. Goldbaum has been associate general counsel–commercial law with TriMas since January 2014. Mr. Goldbaum joined TriMas in January 2012 and held the position of legal counsel. Before joining TriMas, Mr. Goldbaum was an associate in the corporate and litigation practice groups at the law firm of Jaffe, Raitt, Heuer & Weiss, P.C. from September 2007 to August 2011. Mr. Goldbaum also held the position of chief operating officer at Teal Media, an internet design and communications company from August 2011 to October 2011. Mr. Goldbaum will resign as a director prior to the completion of the spin-off.

Christi Cowdin

Richard DeVore

Mr. Richard L. DeVore is an Independent Director of Horizon Global Corporation. He is currently executive vice president of PNC Bank, N.A., a member of the PNC Financial Services Group (PNC), one of the United States’ largest diversified financial services organizations. Mr. DeVore was appointed executive vice president in November 2001 and in his current role, he serves as president for the Detroit and Southeast Michigan regions and chairs the local PNC Foundation. From January 2009 through July 2010 (after its acquisition by PNC) he also served as the chief credit officer and as member of the board of directors of National City Bank, a financial services organization. Mr. DeVore previously held various chief credit officer and managerial positions with PNC from 1991 through 2001. Mr. DeVore currently serves on the boards of a number of civic corporations, including Business Leaders for Michigan, Oakland University, the Detroit Economic Club, the Detroit Symphony Orchestra, the Detroit Regional Chamber and Ann Arbor SPARK. Mr. DeVore has more than 37 years of financial institutions experience and has taught banking and finance courses at Wayne State University. Mr. DeVore brings to the Board more than 39 years of financial institutions experience and unique insights into credit market conditions and corporate capital structure. Mr. DeVore has extensive knowledge and subject matter expertise in finance, mergers and acquisitions and risk management.

Scott Kunselman

Mr. Scott G. Kunselman is an independent Director of Horizon Global Corporation. Mr. Kunselman is the chief operating officer of Oakland University, a position he has held since December 2015. Prior to joining Oakland University, Mr. Kunselman was senior vice president - vehicle safety and regulatory compliance, FCA - North America for FCA US LLC, or Chrysler, from August 2014 through November 2015. As a non-employee Director, Mr. Kunselman will receive compensation in the same manner as the Corporation’s other non-employee Directors, which compensation the Corporation previously disclosed in its Registration Statement on Form S-1 filed with the Securities and Exchange Commission (Registration No. 333-203138). Mr. Kunselman was appointed to the board of directors of Promethient, a Michigan-based company providing human-scaled climate control solutions for a variety of applications. Mr. Kunselman previously served on the Oakland University Board of Trustees from August 2012 to November 2015, and served as the chair of the Michigan Minority Supplier Development Council from April 2012 to February 2014. Mr. Kunselman also served on the board of the FCA Foundation (former Chrysler Foundation) from 2009 to December 2015, and the board of the Michigan Science Center (former Detroit Science Center) from 2008 to December 2015. Mr. Kunselman brings to the Board extensive knowledge and expertise relating to the automotive industry and operations management. Mr. Kunselman has subject matter expertise in engineering, quality, purchasing and product innovation.

David Roberts

Mr. David A. Roberts is an Independent Director of Horizon Global Corporation. He is currently chair, and formerly the chief executive officer of Carlisle Companies, a diversified manufacturing company producing products for various markets, a position he held for nearly a decade. Prior to Carlisle, Roberts was chairman, president and chief executive officer of Graco, a fluid handling system provider. His career began in the automotive industry, where he held various manufacturing, engineering, and general management positions with The Budd Company, Pitney Bowes and FMC Corporation. Additionally, Roberts is currently a director on the boards of Franklin Electric Co., a global leader in the manufacturing and distribution of products and systems focused on the movement and management of water and fuel, and SPX Corporation, a thermal equipment and services provider. Roberts brings extensive experience and expertise in the industrial and manufacturing sectors. Mr. Roberts’ experience from his service on various public company boards will be a valuable asset to the Horizon Board.

Richard Siebert

Mr. Richard D. Siebert is an Independent Director of Horizon Global Corporation. Mr. Siebert retired from KPMG LLP (a public accounting firm) in 2012, immediately prior to which he served as the managing partner of the Detroit office of KPMG from 2008 until 2012 and as the managing partner of KPMG’s MidAmerica business unit from 2003 until 2012. Mr. Siebert was appointed to our Board on August 4, 2015. Mr. Siebert was appointed chair of the Board’s Governance Committee, effective May 8, 2018, and also serves as a member of the Audit Committee and Compensation Committee. Mr. Siebert retired from KPMG LLP (“KPMG”), a global audit, tax and finance advisory firm, in September 2012. From 2003 to September 2012, Mr. Siebert served as the managing partner of the MidAmerica business unit of KPMG, and, from 2007 to January 2012, Mr. Siebert also served as the managing partner of KPMG’s Detroit office. Previously, Mr. Siebert served as the managing partner of the Cincinnati office of KPMG, and as the audit practice lead in the St. Louis office of Arthur Andersen, a global public accounting firm. In 1976, Mr. Siebert joined Arthur Andersen, was admitted to partnership in 1987, and was instrumental in the transition of Arthur Andersen’s St. Louis office to KPMG in 2003. During his career in public accounting, Mr. Siebert served as the lead engagement partner or client service partner for a broad range of public companies. Mr. Siebert currently serves as a member of the finance council of the Archdiocese of St. Louis, and is a member of its audit committee. Mr. Siebert brings to the Board extensive knowledge and expertise in financial reporting, accounting and Sarbanes-Oxley compliance for public companies. Mr. Siebert's 36-year career in public accounting also provides him with subject matter expertise in a broad range of governance, regulatory and securities matters.

Maximiliane Straub

Ms. Maximiliane C. (Max) Straub is an Independent Director of Horizon Global Corporation. She is currently executive vice president for finance, controlling and administration, North America, and chief financial officer of Robert Bosch LLC, a subsidiary of Robert Bosch GmbH, a leading global supplier of technology and services. Straub joined Bosch in 1993, where she held positions of increasing responsibility with Bosch affiliates in the U.S., Germany and France, and eventually served as president of Bosch's Chassis Systems Full Brakes division in North America from 2006 to 2010. She currently serves as chair of the board of Inforum, a professional organization focused on creating strategic connections to help advance professional women in Michigan and the Midwest. In 2017, she was appointed to the board of MTS Systems Corporation, a leading global supplier of high performance test systems and sensors. Straub's extensive operations background and experience in the areas of finance, accounting, human resources, information technology, compliance, strategic planning, and mergers and acquisitions contribute to her international, automotive and leadership qualifications. The Horizon Board will benefit from Ms. Straub’s strong operational and international business expertise.

Basic Compensation

Name Fiscal Year Total

Denise Ilitch

232,000

Carl Bizon

--

David Rice

568,211

Jay Goldbaum

378,748

Christi Cowdin

--

Richard DeVore

197,000

Scott Kunselman

191,000

David Roberts

--

Richard Siebert

181,000

Maximiliane Straub

--
As Of  30 Dec 2017